Statute · New York General City Law
N.Y. Gen. City Law § 123 — Acquisition of real property; financing of expenditures
N.Y. Gen. City Law § 123
- Type
- Statute
- Source
- New York General City Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 123. Acquisition of real property; financing of expenditures. Real property required for any of the purposes set forth in this article shall be acquired by the governing body of the city on behalf of the authority.
Citator
N.Y. Gen. City Law § 123 — Acquisition of real property; financing of expenditures is in force in the current edition of the Code, and nothing recorded condemns it.
§ 123. Acquisition of real property; financing of expenditures. Real property required for any of the purposes set forth in this article shall be acquired by the governing body of the city on behalf of the authority.
Nothing contained in this article shall be construed to prevent the financing, in whole or in part, pursuant to the local finance law of any expenditure made to carry out the purposes of this article.